WOLD Realty LLC

Local full time real estate office servicing Indiana and Illinois. We are members of both Indiana and Illinois Multiple Listing Services.
We specialize in Residential, New Construction, Investment, and Commercial real estate. Our bi-lingual(Spanish) staff is second to none and we are here to service all of our real estate needs.. We are a local family owned company with over 15 years of experience that knows the local markets, and we are part of many national networks to give you the best possible advantage in selling your property. We offer free pricing evaluations if you are considering selling or free buyer consultations for the beginners as well as the experienced buyers. Call us if you or any one you know would be interested in finding out how to buy a home with no money down!!

Visit our Web Site for all properties for sale in Northwest Indiana and South Suburban Chicagoland.

phone (219) 864-8440 fax (219) 865-5743
1000 Eagle Ridge Suite I Schererville, IN 46375

Monday-Thursday: 8:00 am - 7:00 pm

Friday: 8:00 am - 6:00 pm

Saturday: 9:00 am - 4:00 pm

Sunday: 10:00 am - 2:00 pm

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WOLD Realty LLC   >  "FHA Loans good or bad"

FHA Loans good or bad

posted by tomwold on Feb 12th, 2008 at 11:08 pm

Many home sellers think FHA loans are a bad thing because of appraisal/financing guidelines that have a reputation of being difficult to pass. That is not the case with the current loan programs. Actually there is a real opportunity to sell homes in today's market using FHA loans where there are no other good options. The old 100% financing options that have all but gone away after the recent mortgage crisis have left a huge void that is being filled with many government programs. The government has taken steps that make FHA financing a valuable option when buyers have little or no money down. They have lowered the down payment requirement to 1.5%(from 3%), they have raised the maximum price, they have reduced appraisal guidelines, and they have streamlined underwriting guidelines to make for a timely transaction. If you or someone you know are thinking of buying or selling a home and would like more information on the advantages of FHA financing, please don't hesitate to contact the real estate professionals at Wold Realty.


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